Babcock & Brown
24 08 06 interim result 2006 presentation.pdf - Astrojapanproperty.com
24 08 06 interim result 2006 presentation.pdf - Astrojapanproperty.com
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Balance Sheet – Assets Under Development<br />
Wind farm projects<br />
Gas power plant<br />
Real estate projects<br />
Aircraft<br />
Biomass/wave assets<br />
Hydro generation assets<br />
Trans Bay Cable<br />
Other<br />
Total<br />
30 June 2006<br />
$’m<br />
608.7<br />
395.3<br />
229.8<br />
42.1<br />
13.9<br />
3.1<br />
9.9<br />
2.3<br />
1,305.0<br />
31 Dec 2005<br />
$’m<br />
448.3<br />
276.2<br />
169.0<br />
58.2<br />
8.8<br />
3.5<br />
8.6<br />
1.8<br />
974.5<br />
• The increase in assets under development reflects the importance BNB places on the<br />
competitive advantage delivered by green field development in our core asset classes.<br />
• The build up in wind assets reflects developments across the US and Europe and continues<br />
to outpace the sale of completed projects.<br />
• The increase in gas power plants reflects further development of Braemer and NewGen<br />
Kwinana; these assets are earmarked for the BNB power operating business.<br />
• New green field development initiatives include ethanol plants in the US.<br />
19